The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap was down 0.1 per cent and the Nifty SmallCap rose 0.81 per cent
The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.
Stocks to watch today: The offer for sale (OFS) by Hindustan Copper will open for retail investors today following an overwhelming demand seen on the first day.
Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap was up 0.54 per cent and the Nifty SmallCap fell 0.1 per cent
Federal Bank shares fell 4 per cent after it issued a clarification on reports that it may acquire a controlling stake in Jana Small Finance Bank.
Despite today's fall, IIFL Finance shares remain 8.7 per cent higher on a year-to-date (YTD) basis and 47 per cent for the last one year.
On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.
Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.
Stocks to watch today: Hindustan Copper OFS will be launched by the government today, while TCS has signed an agreement with Porsche.
Symbiotec Pharmalab stands out as the preferred long-term pick, backed by SBI Securities' 'Subscribe' rating and Master Capital's positive view on its specialised business.
Sensex Today | Stock Market Highlights, Monday: In the broader markets, the Nifty MidCap rose 0.13 per cent and the Nifty SmallCap fell 0.26 per cent
The ₹650-crore Tempsens Instruments IPO opened for bidding on August 20 and closes today, August 24. Investors can place bids till 5 pm.
Till 01:38 PM on Monday, a combined 20.92 million equity shares representing 5 per cent of the total equity of BLS International changed hands on the NSE and BSE.
The underlying demand fundamentals remain healthy, and the company expects gradual normalization over the coming quarters as the business mix improves, LT Foods said.
Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.
Horizon Industrial Parks' share price opened at ₹60.25 on the National Stock Exchange (NSE), a premium of 0.42 per cent above the issue price.
Stocks to watch today: In the commodity market, oil prices eased, with Brent crude futures down 1.29 per cent at $93.17 and the US West Texas Intermediate crude lower by 1.38 per cent at $85.86.
SME stock, Technocrats Plasma was locked at the 5 per cent upper circuit at ₹242 on the BSE on debut, zooming as much as 83 per cent against the issue price of ₹132 per share.
Gold-backed loans expanded rapidly in recent years, benefiting from tighter industry underwriting standards for unsecured loans, said Fitch Ratings.
The company's ₹825 crore IPO is a mix of fresh issue and offer for sale. The fresh issue component is made up of 0.79 crore equity shares, and the OFS is up to 620 crore shares